Managers of Wealth Offshore

JFSC Expectations on Business Continuity

It is more than likely that you will not be able to meet your customers face-to-face to obtain their original identity documents.

Jersey Cash Box Structures: A Fast Route to Funding

It is no surprise, as a result of the wider economic unpredictability arising from COVID-19, that listed companies requiring urgent access to capital are turning their attention back to Jersey cash box structures.

Charities Registration and Regulation Act 2019

Every registered charity (even small charities) must now have a written governing instrument and the Attorney General must give prior written consent to any amendment to the written instrument (unless it is a foreign charity).

Global Forum: Switzerland scores well

The report was published on 6 April 2020. It noted significant improvements, in particular as regards bearer shares and the efficiency of information exchange in practice.

How has the Coronavirus shaped succession planning trends in Latin America?

Some of the subtler considerations around succession planning in light of the current economic situation is a founder’s desire to position a business strongly.

First 'hardship' payments due this week

So far over 2,300 businesses have registered for support and each of these business has now received an application form which many have already returned to us.

Economic Policies for the COVID-19 War

In a war, massive spending on armaments stimulates economic activity and special provisions ensure essential services. In this crisis, things are more complicated, but a common feature is an increased role for the public sector.

CAYMAN ISLANDS: Businesses still causing curfew trouble

Speaking at the daily press briefing to update the community on the situation with COVID-19, he dismissed concerns that government was planning another full lockdown and round-the-clock curfew because of the impracticalities.

Cross border insolvency – what assistance can Jersey give? A recent example

Here we examine the assistance that the Royal Court can give to foreign insolvency officials and examine the dynamic and flexible approach that it adopted in the recent case of Lydian Investments Limited [2020] JRC 049.

MFSA Circular To The Financial Services Industry In Relation To The MFSA's Authorisation Process

The first point of contact for applications remains, at all times, with the respective MFSA officials processing the application, and applicants needing a follow up on their applications, are required to liaise directly with the relevant MFSA officials.

Foreign Investment Funds Managed or Promoted In or From Within Bermuda Subject to New Registration Requirements

The Investment Funds Amendment Act 2019

Ministry Engages Virtually With Financial Services Industry

The Government appreciates how important the financial services sector is to the Cayman Islands.

Butterfield shuts its branches over Covid-19

Restrictions, including social distancing, will be in force today.

An Update On The Recovery Of Foreign Lawyers’ Fees In The BVI

The decision in Gany is best understood by understanding those decisions.

DeVere fined by Malta regulator

Spokesperson says the advisory firm intends to appeal

Covid-19 Lux Update: Exceptional Measures to Companies

Any Luxembourg company may hold any general meeting without a physical meeting

Denial of Tax Deduction on Interest and Royalties

Tax deductibility could be denied for parties in countries on the EU List of Non-Cooperative Jurisdictions for Tax Purposes.

The Territorial Limits of the Black Swan Jurisdiction

Decisions of the Privy Council are binding authority on the Courts of the Territory.

Covid-19 Ireland Update: Electronic Signatures and Requirements for Original Documents

These measures have also impacted the ability to host physical board meetings, which disrupts a company's or fund's ability to conclude transactions and/or launch new products

Luxembourg Pulls out the Stops to Battle Coronavirus

The association of CEOs has been mobilized, as well as six banks

Regulation, Risk & Compliance